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US Stocks Mixed as Crude Pullback Calms Yields While Tech Drags

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The Story

News Summary

  • US indexes traded mixed as retreating crude oil prices and softer ADP employment data tempered bond yields.
  • Cybersecurity sell-offs weighed on the Nasdaq 100, while European and global equity markets remained pressured by surging multi-year government bond yields and hawkish central bank expectations.
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